Technip Energies N.V. (ENXTPA:TE) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, for ?45 million. The repurchase price will be subject to a maximum price equal to the higher the price of the last independent transaction and the highest current independent purchase bid on the regulated market of Euronext Paris, and any other conditions that may be agreed with the intermediary.
The program's purpose is to fulfil the company's obligations regarding share incentive plans. All repurchased shares will be held as treasury stock. The program will run until December 31, 2025.
As of April 30, 2025, the company had 1,695,974 treasury shares.
